Last annual update:
The majority of Arkansas-based banks were among the leading lenders to “The Natural State” businesses through the U.S. Small Business Administration’s 7(a) program. Whether your business is a restaurant, auto repair, medical practice, funeral home, veterinary or hotel, your mission is to exceed your customer expectations. So, if you’re ready to step up your business to the next level, here are the top SBA Lenders in Arkansas:
| State Rank | Bank | Headquarters | # Loans | Avg Loan | Avg Int |
|---|---|---|---|---|---|
| 1 | Arvest Bank | Fayetteville, AR | 54 | $389,748 | 6.3% |
| 2 | First Financial Bank | El Dorado, AR | 32 | $820,266 | 6.6% |
| 3 | U.S. Bank | Cincinnati, OH | 26 | $82,462 | 8.9% |
| 4 | Simmons Bank | Pine Bluff, AR | 20 | $384,555 | 6.9% |
| 5 | Southern Bancorp Bank | Arkadelphia, AR | 18 | $1,070,939 | 6.4% |
| 6 | Regions Bank | Birmingham, AL | 16 | $468,181 | 7.2% |
| 7 | Independence Bank | East Greenwich, RI | 15 | $135,000 | 6.7% |
| 8 | Legacy National Bank | Springdale, AR | 14 | $182,079 | 6.4% |
| 9 | BancorpSouth Bank | Tupelo, MS | 9 | $697,122 | 6.2% |
| 10 | Bank of the Ozarks | Little Rock, AR | 9 | $466,800 | 6.6% |
| 11 | FNBC Bank | Ash Flat, AR | 8 | $113,500 | 6.6% |
| 12 | First Home Bank | Seminole, FL | 6 | $266,500 | 7.8% |
| 13 | Stone Bank | Mountain View, AR | 6 | $1,083,867 | 6.9% |
| 14 | IBERIABANK | Lafayette, LA | 5 | $580,280 | 7.4% |
| 15 | Live Oak | Wilmington, NC | 5 | $1,100,000 | 6.8% |